Under S4A Scheme
SPML Infra announced that in terms of the Scheme for Sustainable Structuring of Stressed Assets ('S4A') for the Company as approved by the Overseeing Committee (OC) in its meeting held on 6 October 2017 and also pursuant to the approval of the Shareholders accorded in the Extraordinary General Meeting held on 20 November 2017, the Committee of Directors in its meeting held on 12 December 2017 has approved allotment of 2,19,300 Optionally Convertible Debentures (OCDs) of face value of Rs.1000/- each to the remaining Lender Banks to complete the issuance of OCDs to all the Lenders Banks under the SPML S4A Scheme.Powered by Capital Market - Live News
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